West Bromwich chairman sets deadline to investors interested in buying club

west bromwich

West Brom chairman Jeremy Peace has set a summer deadline for any investors to buy the club.

The Baggies owner wants to avoid a long takeover saga at The Hawthorns and would be prepared to shelve any deal – if not completed – by early June, Press Association Sport understands.

Peace, who has been majority shareholder since 2005, is believed to want between £150million and £200million for the Baggies.

Peace's valuation of Albion is based on the new £5billion broadcast rights deal for the Barclays Premier League, with clubs expected to net even more cash when the overseas broadcast rights are sold.

Groups from China, America and Australia are understood to be interested in the Baggies with at least one consortium being given a tour of the club's stadium and training ground.

Peace confirmed in February he was looking for fresh investment in the wake of the new broadcast rights contract.

He told the club's site: "I said in 2008 that I was open to proposals regarding investment in the club and would not stand in the way of a new owner providing they convinced me their intentions for the club were in keeping with its traditions and values and their ability to deliver on them was realistic.

"Nothing has changed in that regard. The recent announcement of a new and record media rights deal for the Premier League from season 2016-17 is sure to mean that there is once again huge interest in the brand.

"It was only right and prudent, in my view, that at such a moment we should present the Club to the investment market."

Albion are 14th in the Barclays Premier League, seven points above the relegation zone, and host bottom side Leicester on Saturday.


25+ Channels With Sports & News
  • Starting price: $33/mo. for fubo Latino Package
  • Watch Premier League, Liga MX, MLS & World Cup
  • Includes ESPN, FOX, Univision, TUDN and more
Favorite Leagues At The Best Price
  • Starting price: $7.99/mo. for Live TV Package
  • Watch Argentine league, Brasileirāo and Copa Libertadores
  • Includes beIN SPORTS, GolTV, TyC Sports and more
Many Sports & ESPN Originals
  • Price: $6.99/mo. (or get ESPN+, Hulu & Disney+ for $13.99/mo.)
  • Features LaLiga, Bundesliga, MLS, Copa del Rey & more
  • Also includes daily ESPN FC news & highlights show
Live TV, Soccer & Originals
  • Starting price: $4.99/mo.
  • Features Champions League, Serie A, Europa League & more
  • Includes CBS, Star Trek & CBS Sports HQ
175 Premier League Games & PL TV
  • Starting price: $4.99/mo. for Peacock Premium
  • Watch 175 exclusive EPL games per season
  • Includes Premier League TV channel plus movies, TV shows & more
Get All 3 And Save 30%
  • $13.99/mo. for ESPN+, Disney+ & Hulu
  • Includes Bundesliga, LaLiga, NHL & the home to UFC
  • Features Marvel, Star Wars + shows & movies for your entire family


  1. StellaWasAlwaysDown April 7, 2015
  2. jtm371 April 7, 2015

Leave a Reply

Translate »